Diverse recovery mechanisms SBI uses to deal with stressed loans
The State Bank of India (SBI), India’s largest lender, has demonstrated remarkable success in its concerted efforts to recover Non-Performing...
Year: 2025
SC halts BPSL liquidation as JSW Steel plans to seek review
The Supreme Court on Monday paused liquidation proceedings of Bhushan Power and Steel Ltd (BPSL), granting temporary relief to JSW...
Jaypee Associates approves insolvency proceedings for Bhilai Jaypee Cement
Jaiprakash Associates Limited (JAL), currently undergoing Corporate Insolvency Resolution Process (CIRP), announced today that its Committee of Creditors (CoC) has...
Bhushan Power resolution plan implementation as per law: JSW Steel
JSW Steel has said that it implemented the resolution plan for Bhushan Power and Steel Ltd in compliance with law...
Bajaj Auto comes to the rescue of insolvency-bound KTM
Bajaj Auto Limited, through its wholly-owned Netherlands-based subsidiary, Bajaj Auto International Holdings BV (BAIHBV), has made a critical intervention to...
Pashupati Dairies admitted into CIRP by NCLT Delhi
The National Company Law Tribunal (NCLT), New Delhi Bench (Court-VI), has admitted an insolvency petition against M/s Pashupati Dairies Private...
IREDA files Section 19 plea against Gensol Engineering in DRT
The Indian Renewable Energy Development Agency (IREDA) has intensified its efforts to recover significant dues from Gensol Engineering Limited and...
IBC results in 4% reduction in overall leverage: IBBI Study
The Insolvency and Bankruptcy Code (IBC) has triggered a paradigm shift in India’s corporate debt landscape, fostering fiscal discipline while...
IBC transforms India’s financial landscape: Forex hedging, bond markets, and exports gain momentum
The Insolvency and Bankruptcy Code (IBC), implemented in 2016, has catalyzed systemic improvements across India’s financial ecosystem, extending far beyond...
Aakash says EY has ‘serious conflict of interest’ in ongoing insolvency case against Byju’s
Aakash Educational Services Ltd. (AESL) has escalated its legal battle against Ernst & Young LLP (EY), alleging a “serious conflict...